Gold on track to end four-month slump as investors weigh Fed signals

Gold prices are poised for their first monthly gain in five months. Investors are assessing the impact of the U.S.-Iran conflict on global markets. The Federal Reserve’s signals are being parsed for clues on inflation and interest rates. Global gold demand remained steady year-on-year as central banks increased purchases. Other precious metals like silver, platinum, and palladium saw mixed movements.

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